Culture School Ltd. - Limited company - abbreviated

REGISTERED NUMBER: 05657108 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31 December 2014

for

Culture School Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Gatecha

Gower Nominees Limited

SECRETARY:

REGISTERED OFFICE:

Second Floor

4-5 Gough Square

London

EC4A 3DE

REGISTERED NUMBER:

05657108 (England and Wales)

ACCOUNTANTS:

Gower Accountancy

Chartered Certified Accountants

Second Floor

4-5 Gough Square

London

EC4A 3DE

CURRENT ASSETS

Debtors

2,537,095

2,712,958

Cash at bank

164,060

539,681

2,701,155

3,252,639

CREDITORS

Amounts falling due within one year

(2,512,933

)

(3,074,859

)

NET CURRENT ASSETS

188,222

177,780

TOTAL ASSETS LESS CURRENT
LIABILITIES

188,222

177,780

CAPITAL AND RESERVES

Called up share capital

2

31,628

Profit and loss account

156,594

146,152

SHAREHOLDERS' FUNDS

188,222

177,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 September 2015 and were signed on its behalf
by:

D Gatecha - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

46,480

Ordinary

€ 1

31,628

Culture School Ltd. - Limited company - abbreviated - 11.6

Culture School Ltd. - Limited company - abbreviated - 11.6